Financial Companies Report Quarterly and Full-Year Results, Partnerships, and Appointments - Research Report on Franklin Resources, Zillow, Cash America, Federated Investors, and Fulton Financial
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NEW YORK, October 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Franklin Resources Inc. (NYSE: BEN), Zillow, Inc. (NASDAQ: Z), Cash America International, Inc. (NYSE: CSH), Federated Investors, Inc. (NYSE: FII), and Fulton Financial Corporation (NASDAQ: FULT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Franklin Resources Inc. Research Report
On October 24, 2013, Franklin Resources Inc. (Franklin Resources) released its Q4 FY 2013 and FY 2013 financial results (period ended September 30, 2013). Total operating revenues were up by 9.3% YoY and down by 4.8% QoQ to $2.0 billion in Q4 FY 2013. The operating revenues increased by 12.4% YoY to $8.0 billion for full-year FY 2013. The Company reported net income for Q4 FY 2013 of $509.0 million, or $0.80 per diluted share, compared to net income of $492.1 million, or $0.77 per diluted share, in Q4 FY 2012. Net income for full-year FY 2013 was $2.2 billion or $3.37 per diluted share, compared $1.9 billion or $2.98 per diluted share in full-year FY 2012. The Full Research Report on Franklin Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2e0a_BEN]
Zillow, Inc. Research Report
On October 23, 2013, Zillow, Inc. (Zillow) announced that North Alabama Multiple Listing Service, Inc. has joined the Zillow® Partnership Platform and will begin providing up-to-date listing data directly to the Zillow Real Estate Network through NALMLS's MLS Direct Syndication™ platform. According to Zillow, NALMLS listings will be seen by the Company's nearly 64 million monthly mobile and web visitors, and automatically appear on the Company's Real Estate Network including Zillow.com®, Zillow Mobile, Yahoo!® Homes, Google Now™, HGTV®'s FrontDoor™ and HotPads™. Greg Schwartz, Zillow Chief Revenue Officer stated, "Zillow attracts the largest audience of home shoppers in the category nationwide, and is the best place for brokers and agents to market their listings and connect with them. NALMLS, along with thousands of other MLSs, brokers and agents, understand the value in Zillow's wild popularity with home shoppers and dedication to providing accurate and timely listings. We are thrilled to be able to provide home buyers with the most up-to-date for-sale listings in north Alabama, and real estate professionals a way to market to the broadest audience of home shoppers." The Full Research Report on Zillow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5223_Z]
Cash America International, Inc. Research Report
On October 24, 2013, Cash America International, Inc. (Cash America) released its Q3 2013 financial results. Total revenues for Q3 2013 declined by 0.4% YoY to $437.8 million. Net income attributable to Cash America for Q3 2013 was $46.2 million or $1.52 per diluted share, compared to $11.7 million or $0.37 per diluted share in Q3 2012. According to Daniel R. Feehan, President and CEO of Cash America, "The growth in our consumer loan products during the third quarter provided revenue growth to our E-Commerce business to compensate for the challenges in our retail services business, which continued to experience soft growth in pawn loans and lower levels of profit from the disposition of merchandise." The Full Research Report on Cash America International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9187_CSH]
Federated Investors, Inc. Research Report
On October 24, 2013, Federated Investors, Inc. (Federated Investors) released its Q3 2013 financial results. The Company's reported revenue for Q3 2013 came in at $211.9 million, reflecting a decline of 11.2% YoY. Net income for Q3 2013 was $37.7 million, or $0.36 per diluted share, compared to net income of $55.8 million or $0.54 per diluted share in Q3 2012. Commenting on the results, J. Christopher Donahue, President and CEO said, "Federated's top-selling equity funds during the quarter included equity-income strategies and a balanced-allocation portfolio. Interest in these strategies supports findings of the Federated 2013 Investor Mindset Survey, which showed that high-net-worth investors and advisors have become more positive toward equity and balanced strategies as sources of income. We also saw demand for our large-cap growth, small value and high-yield bond strategies." The Full Research Report on Federated Investors, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f413_FII]
Fulton Financial Corporation Research Report
On October 24, 2013, Fulton Financial Corporation (Fulton Financial) welcomed Patrick S. Barrett as Senior Executive Vice President and member of the Company's senior management team, effective November 4, 2013. Additionally, Fulton Financial stated that upon retirement of CFO Charles J. Nugent at the end of 2013, Barrett will become the Company's CFO. Commenting on the appointment, E. Philip Wenger, Chairman, President, and CEO of Fulton Financial stated, "Patrick's significant experience in the areas of corporate finance and investor relations will be extremely valuable in his new role. We are delighted to welcome him to the Fulton Financial team, and we look forward to incorporating his expertise and perspective into our strategic thinking." The Full Research Report on Fulton Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6d37_FULT]
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